The Cleveland Browns traded running back Trent Richardson to the Indianapolis Colts on Wednesday, a stunning move just two games into this season and only one year after drafting him in the first round.

The deal was first reported by ESPN NFL Insider Adam Schefter.

Richardson was dealt for a first-round selection in next year's draft, when the Browns will have two opening-round picks. Cleveland is rebuilding and the team hopes to use that pick to help turn around a floundering franchise mired in losing for more than a decade.

Such a turnaround was what the Browns had in mind when they took Richardson with the No. 3 overall pick in the 2011 draft.